N.Y. ADC. LAW § 25-422.2 : NY Code - Section 25-422.2: Times Square business improvement district; amendment of the district plan

Search N.Y. ADC. LAW § 25-422.2 : NY Code - Section 25-422.2: Times Square business improvement district; amendment of the district plan

a. The city council having  determined,  pursuant  to  subdivision  b  of section 25-410 of chapter four of this title, that it
  is in the public interest  to  authorize  a  change  in  the  method  of
  assessment  upon  which the district charge in the Times Square business
  improvement district is based, and the council having determined further
  that the tax and  debt  limitations  prescribed  in  section  25-412  of
  chapter four of this title will not be exceeded by such change, there is
  hereby  authorized  in  such district such change as is set forth in the
  amended district plan required to be filed with the city clerk  pursuant
  to subdivision b of this section.
    b. Immediately upon adoption of this local law, the council shall file
  with  the  city clerk the amended district plan containing the change in
  the method of assessment authorized by subdivision a of this section.